4HUMAN TQM AS: årsregnskap 2008 vs 2007
Mixed movements in the accounts
approved 2009-02-10; registry 2009-03-10
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 4HUMAN TQM AS. Revenue 5.02m NOK → 5.22m NOK (+4.0%). Equity -93.6k NOK → 483.3k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4HUMAN TQM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.02m NOK to 5.22m NOK (+4.0% YoY). Calculated
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↑
Operating result improved
Operating result -471.3k NOK → +644.4k NOK (op. margin -9.4% → 12.3%). Calculated
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↑
Equity strengthened
Book equity -93.6k NOK → 483.3k NOK (equity ratio -3.4% → 11.0%). Calculated
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↑
Payroll decreased
Salary cost 3.11m NOK → 2.69m NOK (62% → 52% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 681.8k NOK → 169.5k NOK (-75.1% YoY). Calculated